The latest news on this front comes from an article at Cointelegraph by William Suberg:
Around 40 entities lobbied for bitcoin (BTC) and blockchain-related causes in the United States in Q1 2019, political news site Roll Call reported on April 30. Citing data from the Federal Electoral Commission, the publication stated that around half of the 80 lobbying entities included cryptocurrency-related items, with total quarterly lobbying expenditure reaching over $42 million.
Among the biggest spenders who included crypto were accounting giants Ernst & Young and Accenture, while the biggest of all was the U.S. Chamber of Commerce, which accounted for $16.4 million for fintech lobbying in general. Payment systems firm MasterCard also paid a total of $720,000 for lobbying activities on issues including those related to virtual currencies.
Crypto industry businesses such as Coin Center and cryptocurrency wallet and exchange Coinbase also featured, the latter spending $50,000 on areas including the Bank Secrecy Act.
See the full story here.